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Exclusive - GM set to storm India as Korea costs climb

2015-05-04 01:52:26| Automakers - Topix.net

General Motors aims to grab at least 5 percent market share in India within the next decade, as it sees that market overtaking Japan as the world's third biggest with projected annual sales of 8 million vehicles by 2025. The Detroit carmaker, which is losing money in India even after 18 years there, will unleash a product blitz aimed at reviving sagging sales, and will make India a new global manufacturing and export hub, taking some of the strain off South Korea, where labour costs have ballooned in recent years.

Tags: set costs india korea

 

Belgium, Luxembourg regulators agree to end roaming costs

2015-05-03 11:22:00| Telecompaper Headlines

(Telecompaper) The Belgian and Luxembourg telecom regulators have reached an agreement aimed at ending roaming surcharges for mobile users in the two countries. The agreement will allow a Belgian phone number to be linked to a Luxembourg network, ending the national distinctions for the IMSI and phone number. This will allow Luxembourg operators to offer services to customers in Belgium based on existing roaming agreements in Luxembourg, and Belgian operators will be able to do the same with Luxembourg numbers. According to a statement from Belgian regulator BIPT, the agreement was brought about after a request from Luxembourg operator Join Experience. Join, a joint venture started by Post Luxembourg and Join Wireless, plans to launch soon an offer for voice, messaging and data services at the same prices in Belgium and Luxembourg. It already offers plans with domestic and EU roaming at the same price. 

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UPDATE 2-Charter loss widens on costs from Comcast-Time Warner Cable deal

2015-05-01 19:49:34| Telecom - Topix.net

Cable company Charter Communications Inc reported a bigger quarterly loss, hurt by costs from a failed deal between Comcast Corp and Time Warner Cable Inc that involved assets it was planning to buy. The $45 billion deal fell through after U.S. regulators raised concerns that it would give Comcast an unfair advantage in the cable TV and Internet-based services market.

Tags: update costs loss deal

 

Eaton's Game-Changing Strut System Reduces Material Costs,...

2015-05-01 04:57:16| Industrial Machines - Topix.net

Power management company Eaton announced a new structural support system that transforms infrastructure support applications to yield dramatic efficiency improvements. Eaton's B-Line series 4DimensionTM strut system revolutionizes how support systems are designed and installed in new and retrofit applications.

Tags: system material costs reduces

 

UPDATE 1-Maple Leaf Foods reports adjusted profit as costs fall

2015-04-30 21:31:10| Food - Topix.net

Maple Leaf Foods reported a profit on an adjusted basis after six quarters due to lower operating costs as the Canadian meat processor worked through its plan to upgrade its plants. Maple Leaf, whose brands include Schneiders meat, is nearing the end of a multi-year program to replace old plants with modern facilities as it seeks to boost profits and better compete with U.S. rivals.

Tags: reports update fall costs

 

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